Mathematics, 25.08.2019 16:00, chloebaby8

Peter put $8,000 into a savings account that pays 6% interest, compounded continuously. after five years, peter will have
a. 8,001.35 in the account.
b. 10,798.53
c. 21,744.00
d. 160,634.32 hint: use the formula a = pe^rt, where a is the amount after t years, p is the amount invested, r is the rate of interest, t is the time period, and e = 2.718. use a calculator to compute your answer.

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Peter put $8,000 into a savings account that pays 6% interest, compounded continuously. after five y...